Category: FinTech News
Fascinated by the rapidly evolving world of financial technology? Our FinTech news category is your insider’s guide to the most cutting-edge innovations disrupting the finance industry. Get up-to-date coverage on the latest breakthroughs in digital banking, cryptocurrency, investing, and more.
FinTech News
Symphony Launches "Savings" App Earning Points and Miles
by Kyle Burbank
A FinTech company has debuted a new account that earns cash interest as well as transferable points and miles. About Symphony: This week, Symphony officially announced its launch. The selling point of this new platform is that it allows customers to earn points for saving instead of spending. According to Symphony, accountholders can earn a fixed 5% APY and earn rewards on every dollar they save. However, these aren't regular...
FinTech News
SoFi Debuts AI-Powered Financial Chatbot: SoFi Coach
by Kyle Burbank
SoFi is delivering a new tool to members: an AI-powered chatbot called SoFi Coach. About SoFi Coach: This week, the FinTech-turned-national bank SoFi revealed its latest feature. SoFi Coach is a new chat tool that offers personalized money insights for members. According to the company, the Coach was built with the help of SoFi's financial planning team and, in early testing, nearly 70% of those who engaged with the tool...
FinTech News
AI-Powered Rewards Platform CasaPerks Raises $15.8 Million
by Kyle Burbank
A platform that allows consumers to earn rewards on rent and more has raised a new round of funding. About CasaPerks and the Seed Round: Today, CasaPerks revealed that it had raised $15.8 million. The seed round was led by Longevity Equity and included participation from "top real estate operators" among others. With the funds, CasaPerks plans to continue its expansion. Additionally, the company intends to scale its workplace recognition...
FinTech News
Apex Partnering with Plaid for Easier Brokerage Transfers
by Kyle Burbank
Two well-known FinTechs are teaming up to deliver a better brokerage transfer experience. About the Apex-Plaid Partnership: This week, Apex FinTech Solutions and Plaid announced a new parnership that will see Apex integrating Plaid products into its offerings. As a result, Apex's brokerage firm clients will have new capabilities, which will also benefit end-users. As Apex and Plaid note, by partnering together, they'll be able to deliver an investment move...
FinTech News
Barclays Officially Completes Best Egg Acquisition
by Kyle Burbank
Six months after announcing plans to acquire FinTech loan originator Best Egg, Barclays has now closed the transaction. About Barclays' Acquisition of Best Egg: The deal is done. Recently, Barclays US Consumer Bank announced that it has completed its purchase of Best Egg. This acquisition was first announced in October of last year. At the time, the bank disclosed that it was paying $800 million for the digital lender. Best...
FinTech News
Aven Introduces Bitcoin-Backed Rewards Credit Card
by Kyle Burbank
A company known for its asset-backed credit cards is introducing a new product — one backed by Bitcoin. About the Aven Bitcoin Visa Card: This week, Aven announced the launch of its Bitcoin Visa Card. Rather than earning Bitcoin, however, this unique card is backed by customers' Bitcoin holdings. The reveal was made during the 2026 Bitcoin Conference in Las Vegas. With this new card, customers can pledge their Bitcoin to Aven and...
FinTech News
Zelle Pilots Potential Bill Pay Feature with Truist Bank
by Kyle Burbank
The popular bank-backed peer-to-peer payment platform Zelle is now set to explore other payment options. About the Zelle-Truist Bill Pay Pilot: Today, Zelle announced a new pilot program in partnership with Truist Financial Corp. Specifically, this pilot will evaluate the usefulness of Zelle for paying bills, such as recurring credit card payments. As Zelle notes, more than $1.2 trillion was sent using the platform last year. In turn, last month,...